Notice of cessation
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  Notice of cessation



Notice of cessation

   A notice that gives subcontractors 30 days and gives prime contractors 60 days to file liens from the date of cessation of work.



SIMILAR TERMS
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Notice of completion
A document recorded to give constructive notice that a building job has been completed.

Notice of default
A formal written notice to a borrower that a default has occurred and that legal action may be taken.

Notice of deliquency
In junior financing, where the borrower gives the senior lender permission to notify the junior lender in the event of a default.

Notice of nonresponsibility
A legal notice designed to relieve a property owner of responsibility for the cost of improvements ordered by another person (such as a tenant).

Notice of termination
At the end of a lease either the landlord or tenant may give notice that they want to end the rental agreement and vacate the property.



PREVIOUS AND NEXT TERMS
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Non-status mortgage
For lenders without the borrower offering any proof of income and without a previous mortgage history.

Notary Public
A public officer who is authorized to witness and verify certain documents (e.g., contracts, deeds, mortgages).

Note
A written instrument acknowledging a debt and promising payment

Note (original note)
A document signed by the borrower of a loan and stating the loan amount, the interest rate, the time and method of repayment and the obligation to repay.

Note rate
The interest rate stated on a mortgage note.

Notice of cessation

Notice of completion
A document recorded to give constructive notice that a building job has been completed.

Notice of default
A formal written notice to a borrower that a default has occurred and that legal action may be taken.

Notice of deliquency
In junior financing, where the borrower gives the senior lender permission to notify the junior lender in the event of a default.

Notice of nonresponsibility
A legal notice designed to relieve a property owner of responsibility for the cost of improvements ordered by another person (such as a tenant).

Notice of termination
At the end of a lease either the landlord or tenant may give notice that they want to end the rental agreement and vacate the property.

This dictionary contains 6433 terms.
      












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